Risen Energy Co., Ltd. announced the formal setup of a branch office in Vietnam's capital of Hanoi, as part of its expansion abroad.
Risen Energy said it has reached agreements with several leading Vietnamese firms, as a first step in establishing a presence in the Southeast Asian market. According to the initial roadmap, the Vietnamese branch office intends to begin investment in EPC projects generating in the aggregate 150MW during 2018 and expects to double the figure by 2019.